Farage believes Chequers gives us 'Brexit in name only'

The transcript discusses the UK's decision to leave the European Union, emphasizing the desire for independence from EU jurisdiction and laws. It highlights the importance of being a self-governing nation and critiques the Checkers plan as offering only a nominal Brexit, failing to deliver true independence.

What are the implications of not being tied to European laws and rules?

What does the speaker mean by 'Brexit in name only'?